Vietnam has developed its stock market over the past 20 years, with two main exchanges now operating. However, the market still faces some challenges, including a lack of timely and transparent information disclosure from listed companies, a shortage of experienced stock market professionals, and individual investors often making decisions based on crowd behavior rather than fundamentals. To address these issues, Vietnam is working to strengthen information regulations, expand stock market education programs, and increase independent research to help guide investors. Overall, Vietnam's stock market is still young but seen as having long-term potential for investors.
1 of 16
Downloaded 11 times
More Related Content
Vietnamstockmarket
1. VIETNAM STOCK MARKET GROUP 2 1, DANG QUANG BIEN 2, NGUYEN MANH TUAN 3, NGUYEN TUAN ANH 4, TRAN HOANG MAI 5, DUONG QUYNH TRANG TUTOR : BUI THAI QUYEN HANOI UNIVERSITY FACULTY OF MANAGEMENT AND TOURISM
3. 7/1998, Vietnamese government issued resolution No 48/CP of establishing stock market. 7/2000, Vietnam stock market started operating with the born of HOSTC and upgraded to HOSE in 2007. 2005, HASTC operated officially and changed to HNX in 2009. 2006 - 2007, the explosion of Vietnam stock market. 2008 to now, the adjustment period of Vietnam stock market. ( Source : http://www.ssc.gov.vn ) OVERVIEW Development periods
4. OVERVIEW 509 companies listed on stock exchanges with total market capitalization of hundreds of thousand billion VN Hundreds of security companies, investment organizations and approximately 800,000 investors joining Vietnam stock market. ( Source : http://wwww.infotv.vn/chung-khoan/tin-tuc/42074-nam-2009-co-hon-800000-tai-khoan-chung-khoan-giao-dich ) Present scale
6. PROBLEMS & SOLUTIONS The transparency of information in Vietnam stock market Many listing companies publishing information isnt timely, even still existing the phenomenon of masked information. difficult for investors in making investment decisions. bad influences to the investors belief in the management of the state and future of the stock market. In 2009, HNX found and punished 38 companies and 155 major stockholders violating information announcement. ( source : http://en.infotv.vn/chung-khoan/tin-tuc/40652-17000-truong-hop-cung-mua-cung-ban-mot-ck-trong-phien-tren-hnx )
7. PROBLEMS & SOLUTIONS Solutions : Propagandize benefits of information transparency for listing companies. Strengthen the state management for listing companies in publishing information (add articles into securities law). Increase levels of Punishing for cases of violation.
8. PROBLEMS & SOLUTIONS Labor in Vietnam stock market : lack and weakness Labor thirst, especially, professional labor : a big difficulty for many security companies. The stock staffs still lack of management skills, professional and experience Only 2744 staffs have certificate of stock business. ( Source : http://wwww.infotv.vn/chung-khoan/tin-tuc/42074-nam-2009-co-hon-800000-tai-khoan-chung-khoan-giao-dich ) Security training systems dont still satisfy the market demand Only 1/3 graduate students satisfy the requirement, the rest needs to be retrained. ( source : http://www.vinasme.com.vn/nd5/detail/tin-kinh-te-tong-hop/tai-chinh-chung-khoan/nhan-luc-chung-khoan-trong-con-thu-lua/1354.003016.html )
9. PROBLEMS & SOLUTIONS Solutions : Specific strategies & plans to develop stock labor source. Expand stock training scale, diversify training channels & method. Control and enhance the training quality of centers, universities...(improve facilities, update training programs ) Encourage & attract financial experts coming to teach and work in Vietnam.
10. PROBLEMS & SOLUTIONS Investment according to mob psychology Most of Vietnamese investors still lack knowledge and experience, plus lack of information They. Usually invest according to feeling and crowd Are influenced easily by hearsays and reports of foreign financial organizations.
11. PROBLEMS & SOLUTIONS VN Index & Report of Financial Organizations Sources : http://www.fpts.com.vn
12. PROBLEMS & SOLUTIONS HNX Index & Report of Financial Organizations Sources : http://www.fpts.com.vn
13. PROBLEMS & SOLUTIONS The effect of Investment following low-quality crowd Make the development of stock market deviate from its laws. Reduce the attractiveness of Vietnam stock market to foreign investors
14. PROBLEMS & SOLUTIONS Solutions : Equip knowledge & experience for investors. Enhance the transparency of information in the stock market Support information for investors. Make independent research on Vietnam stock market orient for investors. Encourage investors to join stock investment through professional funds.
15. Conclusion Compared with many large and longstanding stock markets, Vietnam stock market is still young and problems above that it faces is inevitable. However, in long-term, Vietnam stock market is a full-potential place to invest.
16. Thank You For Listening! HANOI UNIVERSITY FACULTY OF MANAGEMENT AND TOURISM